The Justice Climate Fund (JCF) is a purpose-built, non-profit corporation created to lead a national coalition to deliver on its successful application for the Clean Communities Investment Accelerator program (CCIA), a program of the EPA’s Greenhouse Gas Reduction Fund (GGRF).
The Justice Climate Fund will maximize its $940 million award to achieve the GGRF’s goals of rapidly reducing greenhouse gas emissions, transforming low-income and disadvantaged communities through increased benefits (environmental, energy, climate, health, and economic), and attracting matching private capital for investment into qualified projects. The CCIA program specifically awarded funds for JCF to:
- Develop and administer training to build green financing capacity for CDFIs.
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Provide other technical assistance services to assist in building demand for qualified green lending projects.
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Grants to qualified community lenders to a) enable the design, development, and launch of new green financing programs and b) capitalize these qualified community lenders to build demonstration portfolios and attract additional private capital.
While JCF is a new organization, it is supported by and draws from the experience of its founding members, who represent a broad cross-section of environmental justice, community development finance, impact investing, and other organizations. JCF’s coalition includes over a dozen technical assistance partners who will not only help deliver technical assistance services to community lenders but also help reach community lenders that are best positioned to serve low-income and disadvantaged communities across the country and already serve 84% of Justice40 communities.
JCF is a selectee of the CCIA Program, part of the Environmental Protection Agency's (EPA) Greenhouse Gas Reduction Fund (GGRF), to affordably finance clean energy projects that promise to deliver healthier air, greener transportation, cleaner water, and better-paying jobs to communities across the country. With its award, JCF will stand up a Community-Based Green Lender Certification Program to ensure that community lenders – especially U.S. Treasury-certified Community Development Financial Institution Banks (CDFI Banks), Minority Depository Institutions (MDIs) and small and large CDFI loan funds directly serving communities that the program targets receive funding.
To move JCF to its next level of success, JCF seeks a Chief Reporting & Compliance Officer to oversee and direct the organization's compliance management program, including ensuring compliance with EPA's reporting guidelines, compliance training, compliance monitoring, and reporting to the EPA, JCF leadership, and the Board. This role will also proactively identify, plan, and implement enhancements to the JCF's compliance risk management practices to keep pace with regulatory changes.
Compliance Management
- Develops, implements, administers, and manages the compliance program including compliance with all applicable regulations for GGRF funding
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Monitors reporting functions to ensure those programs are well designed and executed to meet regulatory compliance expectations through appropriate policies, procedures, controls, reporting, training, and resource allocation
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Communicates with the leadership team to ensure all relevant compliance responsibilities are known, risks are identified, and processes and controls are in place to effectively manage the JCF's compliance risk profile
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Monitors and tests processes and procedures regularly to determine compliance with data collection and reporting. Ensures proper, accurate, and timely regulatory submissions of those data to all relevant stakeholders
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Oversees the preparation of materials and presents quarterly and annual reports to the EPA, JCF Board, and other stakeholders, addressing compliance and monitoring results.
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Ensures all compliance reporting and/or remediation activities are completed by the responsible parties and distributed promptly
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Remains current on industry, risk management, regulatory and compliance trends, and changes to laws and regulations relevant to JCF, GGRF, and EPA
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Conducts periodic compliance risk assessments and reports the results of those assessments to the appropriate parties, including senior management and the Board
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Ensures that all compliance staff members understand applicable compliance standards and disclosure requirements and are appropriately cross-trained to ensure compliance
- Bachelor's degree in accounting or finance and/or a comparable business curriculum; advanced degree preferred. Legal background also accepted
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12+ years progressively responsible for Regulatory Compliance, with a minimum of 8 years of experience developing and implementing compliance policies, programs, and procedures
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Comfortable in a changing organization and political climate, and able to excel by operating with a sense of urgency while remaining flexible, open-minded, and adaptable
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Experience collaborating with NGOs, federal and state agencies, and the private sector
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Demonstrated success in building and leading teams, with a focus on achieving organizational goals and fostering a culture of collaboration, accountability, and continuous learning
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Ability to deliver measurable outcomes through creativity and data-driven decision-making
- Competitive salary
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Comprehensive health benefits package
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Flexible work arrangements
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Professional development funds and opportunities
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Collaborative and inclusive organizational culture
The Justice Climate Fund (JCF) is proud to be an equal opportunity employer, and as an organization committed to diversity, we consider applicants equally without regard to age, race, disability, ethnicity, gender, gender expression, gender identity, marital status, national origin, on the basis of genetic information, political affiliation, pregnancy, or veteran status.